All Forum Posts by: Kevin Hintz

For beach markets in SC and GA, you might want to check out Charleston or Hilton Head in SC, and Savannah or Tybee Island in GA. They have decent rental markets, and there are options where you could get in with a 20% down payment.

I can totally relate to the tight market and how hard it is to find deals. Cold calling is a great idea to get started, but maybe try connecting with local real estate groups or online forums too—they can sometimes have off-market deals. Don’t forget about direct mail campaigns as well. As for meeting local wholesalers, networking at meetups or even online could help you connect with the right people.

From what you've said, it seems like an AITD could work if the cash flow on the equity is solid and better than a typical single-family home. But yeah, it does come with some risks since your names are still tied to the mortgage. I’d suggest you dig into the numbers, compare it to what a regular sale would give you, and talk to someone who specializes in this type of deal.

Seems to be defined by the learner goal and the market. I’m thinking with a 2.25% rate, that’s a good mortgage to hang on to if it performs well as a rental. If the local market is healthy and rental income will be adequately managed by a property manager, then a long term residence could be used to build equity.

But, if you don’t want to go through all the trouble – and your manager does not want it too – then selling is probably the better option, all the more so if you are witness to a good market, and you stand to make some ok profit here. You should run the computational both ways and think about its purpose according to the schedule for the further.

When it comes to taxes, the key to successful planning is documentation; retain all records of spending, as all those costs can be deducted.” If you’re using a car for business, log your mileage or depreciate the car; whichever method is favorable to you. For the office, it is advisable to begin with home office deduction if one meets the requirements of the law. Additionally, you may wish to speak with a CPA as to whether or not becoming an S Corp is the right decision – they can assist with reducing self-employment taxes.

This is such a detailed and practical breakdown of owning and selling a laundromat. I love how you compared it to real estate-it really highlights the pros and cons of both. Your point about laundromats not being completely passive is super important; I feel like that gets glossed over a lot in online discussions.

I had a similar issue with one of my properties where the thermostat was near a door in a busy retail space, and the tenant was complaining the temperature was too low. I ended up updating the lease to say that thermostat placement is at the landlord's discretion, ensuring it’s in a spot where the temperature reading is accurate and not affected by drafts or constant foot traffic. I also added language to make it clear that any temperature adjustments should be reasonable, so it’s not left open for tenants to make claims. It worked out well, and I’ve stuck to that language in all my leases since then.

I’d recommend keeping the funds separate for each property to avoid any potential co-mingling issues. I personally have different savings accounts for each rental property, even if they’re all under my main BoA account. It’s much easier to track everything that way and ensures you don’t run into problems down the line with taxes or legal stuff. Just make sure to keep good records of which funds belong to which property, and it’ll help keep things smooth.

I’ve actually played The Tenants a bit, and it’s surprisingly entertaining! It’s a mix of strategy, management, and a little bit of chaos, especially when dealing with unruly tenants or trying to balance your budget while upgrading properties. The design aspect is fun too—you can get really creative with how you furnish spaces depending on your tenants' preferences.

That said, it’s definitely more on the lighthearted and quirky side, so don’t expect hardcore realism. It’s more about the fun scenarios and balancing the landlord life without too much stress (unlike the real world). If you’re into management sims, it’s worth a shot, especially on sale.

On a side note, if you’re into trading or selling in other games, platforms like here can be great for managing in-game items or cashing out from games like CS2.

Yeah, I've tried relying on organic social media posts to connect with motivated sellers, but it’s honestly hit or miss. You really need consistent posting, engaging content, and good timing to even have a shot at reaching the right people. I had some luck in real estate groups and by sharing success stories, but the pace was slower compared to paid ads or SEO methods.

One thing I recently explored was incorporating tools like those for Social Media Posts using AI. They help automate posts and tailor content to your audience, which could definitely help speed up organic efforts.